(It
has been since 1933 when THE UNITED STATES, INC. became bankrupt, and
then 3 months later We The People became their Collateral as the
CREDITORS! Yet they failed to tell the People, and now each and every
Government Corporation Official pays us back or goes to jail!!!)
United
States Government Debt to GDP Ratio is 312% and Climbing
Posted
By: Lymerick
Date:
Tuesday, 8-Sep-2015 05:00:55 
07.09.2015
by William Edstrom
The United States (US) government often cites 
$18 trillion as the amount of money that they owe, but their actual 
debts are higher. Much higher.
How big is USA's debt?
The government in the USA owes $13.2 trillion 
in US Treasury Bonds, $5 trillion in money borrowed by the US Federal 
government from Federal government trust funds like the Social Security 
trust fund, $0.7 trillion for state bonds issued by the 50 states, $3.7 
trillion for the municipal bond market (US towns, cities and counties), 
$1.97 trillion still owing by Freddie Mac and Fannie Mae, mostly for bad
 mortgages in years gone by, $6.23 trillion owed by US government
 authorities other than Fannie Mae and Freddie Mac, $1.04 trillion in 
loans taken out by the US Federal government (e.g. government credit 
card balances, short term loans) and $0.63 trillion in loans owed by 
government authorities (e.g. their government credit card balances, 
short term loans). As of April 1, 2015, according to the Federal Reserve
 Bank's Financial Accounts of the US report, the government in the USA 
has $32.5 trillion in debt excluding unfunded government pension debts and unfunded government healthcare cost.
Debt is money that has to be paid. The 
government in the USA also has to pay $6.62 trillion for unfunded 
pension liabilities, as of April 1, 2015. There are thousands of 
government pension plans in the USA (e.g. County, State, Teacher's, 
Police). The Federal Employees Pension Plan is now short $1.9 trillion 
according to the Fed's March 2015 statement plus $4.7 trillion in 
unfunded state and municipal pension liabilities according to State 
Budget Solutions which calculates on actual pension returns (approx. 
2.5% per year from 2009 to 2014, instead of the fantasy 'assumption' of 
an 8% return used by the Fed to guesstimate pension fund money). The 
largest governmental pension fund in Puerto Rico ran out money (became 
insolvent) in 2012 and the government now has to pay $20.5 billion for 
that. Pension contributions into government pension plans have been less
 than what these pension plans pay out to retirees which is why the US government was short by $6.62 trillion for government pensions as of April 1, 2015.
The DJIA has fallen 12.5% since the Spring. $6.3
 trillion in governmental pension plan money was invested in wall street
 as of April 1st. Additional government pension plan losses have been, 
so far this year, $0.79 trillion. As of August 29, 2015, the government 
in the US owes $7.41 trillion for pensions. Every additional 10% the 
DJIA drops (from it's Spring 2015 high), is another $0.63 trillion in 
unfunded pension costs that the US government has to pay.
The US Federal government owed $1.95 trillion in
 unfunded entitlements for the Federal Employees Pension Fund as of 
April 1, 2015. Unfunded entitlements are health care benefits for 
retirees above and beyond Medicare benefits. States, municipalities and 
governmental authorities owe an additional $4.2 trillion for retiree 
health benefits. Medicare and Medicaid costs, about $0.83 trillion in 
2014, escalate 6% a year and Obamacare adds $0.18 trillion a year in 
governmental health costs, mostly for subsidies. Medicare, Medicaid and 
Obamacare costs will escalate to $1.28 trillion in 2018.
Bottom line, as of September 3, 2015, the 
government in the USA owes $46.04 trillion (bonds, unfunded pension 
costs, unfunded healthcare costs, credit card balances and loans).
How does USA intend to pay government debt?
SNIP
http://www.rumormillnews.com/cgi-bin/forum.cgi?read=27147